I have often written about the Federal Reserve’s loose money activity which allows the Treasury a free hand to go into debt when the Fed buys bonds and literally adds to the money supply. Thereby fueling future inflation. It’s a condition that cannot be easily remedied in the future.
But there are other dire consequences of Fed activities, aside from future inflation; such as making it impossible for the average citizen to accumulate savings; making it extremely difficult for small business to compete with government for available dollars with which to profitably operate. (See the Earl J. Weinreb NewsHole® comments an@BusinessNewshole at Twitter.)
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